MUSD

mStable USDMUSD

Rank #419
Token
On 1,905 watchlists

mStable USD Price (MUSD)

$1.00
0.60%

0.00002095 BTC4.75%

0.0006564 ETH9.56%

Low:$0.9843
High:$1.03
24h
MUSD  mStable USD MUSDPrice: $1.00 0.60%
Market Cap
$46,014,592
2.37%
Fully Diluted Market Cap
$46,014,592
0.60%
Volume
24h
$944,200
6.64%
Circulating Supply
45,847,810 MUSD
Max Supply
--
Total Supply
45,847,810
Reported Circulating Supply
36,667,055 MUSD
 

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About mStable USD

The live mStable USD price today is $1.00 USD with a 24-hour trading volume of $944,200 USD. mStable USD is up 0.60% in the last 24 hours. The current CoinMarketCap ranking is #419, with a live market cap of $46,014,592 USD. It has a circulating supply of 45,847,810 MUSD coins and the max. supply is not available.

What Is mStable USD (mUSD)?

mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralized finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts. mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins with features such as: - Deep liquidity pool for efficient and low slippage stablecoin exchange - Mintable by, and redeemable for, a specific underlying asset or basket of assets - A low risk native interest rate that provides high yield by combining lending income and trading fees. mUSD dApps include: - SWAP - Swap USD stablecoins with zero-slippage - SAVE - USD savings account for anyone, anywhere

Who Are the Founders of mStable?

mStable was founded by James Simpson and Henrik Andersson, who met while at Apollo Capital. After working hands-on with several stablecoins and lending platforms, they began work to unite lending, swapping and saving into a single standard and attempt to solve various points of friction existing stablecoin users encounter. This project became mStable, with a genesis team of 9 people and a community of thousands lending their voice and votes to govern the protocol via decentralized governance.

What Makes mStable USD (mUSD) Unique?

mUSD is a representation of its underlying stablecoins, making it a more abstracted and secure representation of USD on chain. It can be minted and redeemed permissionlessly via the mStable smart contracts using any whitelisted USD-pegged stablecoin. mUSD is also unique because it offers some of the best risk adjusted saving APYs in DeFi. This APY comes from multiple sources, drawing from swap fees, lending income, and liquidated tokens farmed by the mStable contracts. mStable is governed by a diverse community of stakeholders , all of whom come together to provide ideas, comments, and vote on proposals aimed toward improving the mStable protocol.

Learn more about mStable Meta here.

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MUSD

mStable USD

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USD

United States Dollar

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MUSD

mStable USD

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USD

United States Dollar

MUSD Price Statistics

mStable USD Price Today
mStable USD Price$1.00
Price Change24h$0.006018
0.60%
24h Low / 24h High
$0.9843 /
$1.03
Trading Volume24h$944,200.17
6.64%
Market DominanceNo Data
Market Rank#419
mStable USD Market Cap
Market Cap$46,014,592.32
2.37%
Fully Diluted Market Cap$46,014,592.32
0.60%
mStable USD Price Yesterday
Yesterday's Low / High
$0.9790 /
$1.03
Yesterday's Open / Close
$0.9996 /
$0.9990
Yesterday's Change

0.06%

Yesterday's Volume$1,261,040.34
mStable USD Price History
7d Low / 7d High
$0.9480 /
$1.04
30d Low / 30d High
$0.9480 /
$1.04
90d Low / 90d High
$0.9327 /
$1.05
52 Week Low / 52 Week High
$0.8725 /
$1.55
All Time High
Aug 10, 2020 (7 months ago)
$1.55
35.40%
All Time Low
Aug 03, 2020 (7 months ago)
$0.8716
15.15%
mStable USD ROI

5.25%

mStable USD Supply
Circulating Supply45,847,810 MUSD
Total Supply45,847,810 MUSD
Max SupplyNo Data

mStable USD Markets

#

Source

Pairs

Price

Volume

Volume %

Liquidity

Confidence

Updated

1

Balancer

$1.00

$593,007

62.81%

-

High

Recently

2

Balancer

$1.01

$327,155

34.65%

-

High

Recently

3

Balancer

$1.01

$23,227

2.46%

-

High

Recently

4

1inch Exchange

* $1.02

** $2,076

0.00%

-

High

29 hours ago

5

Balancer

$1.00

$452.06

0.05%

-

High

Recently

6

Uniswap (V2)

* $1.01

** $0.00

0.00%

-

High

109 days ago

* Price Excluded

** Volume Excluded

About mStable USD

The live mStable USD price today is $1.00 USD with a 24-hour trading volume of $944,200 USD. mStable USD is up 0.60% in the last 24 hours. The current CoinMarketCap ranking is #419, with a live market cap of $46,014,592 USD. It has a circulating supply of 45,847,810 MUSD coins and the max. supply is not available.

What Is mStable USD (mUSD)?

mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralized finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts. mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins with features such as: - Deep liquidity pool for efficient and low slippage stablecoin exchange - Mintable by, and redeemable for, a specific underlying asset or basket of assets - A low risk native interest rate that provides high yield by combining lending income and trading fees. mUSD dApps include: - SWAP - Swap USD stablecoins with zero-slippage - SAVE - USD savings account for anyone, anywhere

Who Are the Founders of mStable?

mStable was founded by James Simpson and Henrik Andersson, who met while at Apollo Capital. After working hands-on with several stablecoins and lending platforms, they began work to unite lending, swapping and saving into a single standard and attempt to solve various points of friction existing stablecoin users encounter. This project became mStable, with a genesis team of 9 people and a community of thousands lending their voice and votes to govern the protocol via decentralized governance.

What Makes mStable USD (mUSD) Unique?

mUSD is a representation of its underlying stablecoins, making it a more abstracted and secure representation of USD on chain. It can be minted and redeemed permissionlessly via the mStable smart contracts using any whitelisted USD-pegged stablecoin. mUSD is also unique because it offers some of the best risk adjusted saving APYs in DeFi. This APY comes from multiple sources, drawing from swap fees, lending income, and liquidated tokens farmed by the mStable contracts. mStable is governed by a diverse community of stakeholders , all of whom come together to provide ideas, comments, and vote on proposals aimed toward improving the mStable protocol.

Learn more about mStable Meta here.

How do you feel about mStable USD today?

Vote to see community results

mStable USD News

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